HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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The new bespoke immigration route will allow BN(O)s to come to the UK without the current 6 month limit, granting them 5 years limited leave to remain, with the ability to live and work in the UK. After these 5 years, they will be able to apply for settled status and, after a further 12 months with that status, apply for citizenship.
New research has found that as cities such as Manchester, Birmingham, Nottingham and Edinburgh develop their travel network, house prices in the immediate areas increase, with an emphasis on growing tram links.
Skipton Building Society released recently a list revealing the top 10 most popular postcodes for first-time buyers in 2019. According to the analysis of internal data relating to thousands of Lifetime ISA customers, found that Bristol, followed by Birmingham, Manchester, Leeds, and Reading were the top five most popular places for first-time buyers.
Of 18 areas we looked at, the best value for those wanting to rent is Chatham, on the Medway estuary in North Kent. For those wanting to buy a two to three bedroom house or flat, Chatham also turns out to be the most affordable.
UK house prices are up +8.1% in the year to October, taking the average UK house price to £259,100. Of the UK’s largest cities, Nottingham has the highest price growth at +10.9%.